£55,435
This estimated value is based upon the latest sale price for the house of £45,000 on 31 Aug 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £45,000 | 31 Aug 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 sq feet |
This model uses changes in the Official Land Registry House Price Index for TYNE AND WEAR to estimate the market value.
When this house was purchased in August 2018 the House Price Index for TYNE AND WEAR was 120.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.191%.Applying this 23.191% change to the original purchase price of £45,000 results in an estimated price of approximately £55,435.
| 31 Aug 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.0 | 23.191 % | £45,000 | £10,435 | £55,435 |
The Postcode Pricing Model uses changes in average sales price within the SR3 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 15.360 % | £6,912 | £51,912 |
| 3 Month Average | 18.296 % | £8,233 | £53,233 |
| 6 Month Average | 7.102 % | £3,196 | £48,196 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £130,978 | £128,500 | 33 THISTLE ROAD |
| 25 Aug 2023 | £65,398 | £65,000 | 88 TOWNSEND ROAD |
| 13 Jul 2023 | £131,241 | £130,000 | 9 THISTLE ROAD |
| 22 Jun 2023 | £47,384 | £47,000 | 10 TOWNSEND SQUARE |
| 10 Mar 2023 | £95,516 | £95,000 | 107 THISTLE ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 13 Jul 2018. Using an estimated price of £55,436 means this house is valued at £791 per sq meter (£73 per sq foot).
The average size of a house on THISTLE ROAD is 86 sq meters (929 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Investigation complete; no suspect identified | On or near Thistle Road |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Trent Road |
| Mar 2024 | Shoplifting | Under investigation | On or near Trent Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Trent Road |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Trent Road |